Traders' Roundtable

Hello stopsareforwimps, I think I have found a photograph. Is it right? http://tinyurl.com/3dexs2n

If the ONLY information you have is the daily Open, High, Low, Close then the Shortest Path Heuristic is one of your (very few) options: Choose the piecewise linear price trajectory of shortest total length.

You can work out the arithmetic yourself; there are only two cases to consider. The ...

You could put high-leverage and low-leverage trading plans on an equal footing by calculating (RTPM / Margin_to_Equity_Ratio) since the ME Ratio is usually published in professional manager's track records.

A word of caution, very low RTPM means your stops are very wide. This means your DollarRisk ...

Try to avoid the mental constraint of only thinking about one system trading one stock. Real hedge funds / CTAs / professional traders have multiple systems trading large portfolios of stocks (or futures, or forex pairs, or options, or ...), all at once.

These traders have many simultaneous ...

Commodity Research Bureau 05 April issue: May 2007 Coffee ("KCK7") now 48% Sell, was 88% Sell last week.

March 30 issue of CRB PriceCharts shows them short coffee on all three timeframes. ("KCK7" is May 2007 Coffee)

A whole bunch of systems all signalled to go long Mexican Peso this week. And I did.

... approach could swap out existing positions for the tighter (better) positions. ... actively managing existing open positions by changing them on the fly.
Leapfrog, that idea is presented in Mike Covel's Turtle course, what he calls Switches. However I don't think Dean is doing Switches in the ...

One must be careful to distinguish between "number of active positions today" versus "number of instruments in the portfolio". They are not always the same.
That was a thought provoking plot, thank you! I would say the green system is very different than the blue system; if I wanted to put ...

Way back in the misty past, when the preferred TA software vendor was Omega Research and their preferred data vendor was Dial/Data (get it? You tell your modem to Dial in order to download price Data), I wrote a rollover package. For some stupid reason I've still got it on my disk, with source code ...

| CrAcKhOuR | wrote: No I provided a simple method of trading as
there is not many references to charts on the forum

The reason is found at the top right of your screen. I have trimmed
it to show the most relevant portion, in the image which follows.

Trading Recipes lets you do this with one statement. Supposing you want to reduce each position by 10% if the total risk across all positions ever becomes more than 30%, you would add this line to your system:
IF (TOTALRISK > 0.30) THEN MULTIPLIER = 0.90
I'm sure it's equally simple to do in other ...

Would you please tell us your experience in actual trading, yoyo? How long have you been trading, how many trades have you made, and what sorts of slippage have you seen personally?

Another example is here on this website

viewtopic.php?t=1081

Our old reliable friend the Omega List contains an interesting answer that comes in the form of a table and a formula. It's 2 years old, but I don't think the mathematics of probability has changed very much since then.

http://www.purebytes.com/archives/omega ... 04142.html

It's PERL without the "a". Check www.perl.org for more info.

I think you have identified a market opportunity. You could start a business named "Stock Quotes The Right Way" that sells data meeting your requirements. You know from your own research that there are no competitors whatsoever, and you also know there are loads of customers (people just like ...

Several people expressed very strong beliefs in the previous thread ( http://www.tradingblox.com/forum/viewtopic.php?t=1699&postdays=0&postorder=asc&start=0 ) and I expect they will soon run this testing data through their Optimal selector algorithms.

TC, ksberg, Asterix, shakyamuni, TK, sluggo, c ...

Maybe you are not aware that John Hill has discarded Excalibur and now uses Tradestation. He even writes books about how to use Tradestation:

http://www.amazon.com/exec/obidos/tg/detail/-/0471215694?tag=tradingblox-20

I happen to own a copy of the Excalibur software (Hill used to sell it ...

I had avoided options because I'm a mechanical systems trader and I found it difficult-to-impossible to obtain and organize options pricing historical data for backtesting. Then a friend made a remark that I consider brilliant: Maybe you can't backtest options systems but you can backtest managers ...